Demand by Secured Party for Possession of Collateral Template

Business-in-a-Box's Demand by Secured Party for Possession of Collateral Template

Document description

This demand by secured party for possession of collateral template has 1 pages and is a MS Word file type listed under our finance & accounting documents.

Sample of our demand by secured party for possession of collateral:

OBJECT: DEMAND BY SECURED PARTY FOR POSSESSION OF COLLATERAL Dear [CONTACT NAME], Pursuant to the security agreement dated [DATE] by and between us wherein you were obligated to deliver [SPECIFY] as collateral. You are presently in default under said agreement. Therefore, demand is hereby made unto you to surrender possession of said collateral to me immediately at [SPECIFY] pursuant to the terms of the security agreement and the [SPECIFY LAW]. [YOUR NAME] [YOUR TITLE] [YOUR PHONE NUMBER] [YOUREMAIL@YOURCOMPA

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